Top China Trade Official Makes Surprise Stop at U.S. Trade Meetings

Top China Trade Official Makes Surprise Stop at U.S. Trade Meetings

The discussions are the first face-to-face interactions between the USA and China since both presidents met in Argentina and agreed to a temporary truce in their tit-for-tat tariff war.

Ross said there was a "very good chance" of reaching an agreement, although monitoring compliance would present a challenge.

"We urge the USA to immediately stop such provocative actions", Chinese foreign ministry spokesman Lu Kang told a regular press briefing, adding that Beijing had lodged a diplomatic complaint with Washington. There the two agreed to a temporary relief from any tariffs increases and China agreed to put focused effort into trade negotiations over a 90-day period. No timing was given and it wasn't immediately clear if the USA delegation would release a statement.

"The relevant action by the USA vessel violated Chinese laws and relevant worldwide laws, infringed upon China's sovereignty, and undermined peace, security and order of the relevant waters", Lu said.

Trump has imposed tariffs to pressure Beijing to change its practices on issues ranging from corporate espionage to market access and industrial subsidies. They are hoping, at the very least, that the trade war initiated by President Trump does not escalate, that both sides step back from the brink. Economists expect American orders from China to slump this year, at a time when global consumer demand is weakening. Its economy is in trouble, not just cyclically, but structurally.

Both governments say they want a settlement, but economists say resolving their conflicts and working out how to enforce terms could be long and politically fraught.

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Forecasters at the International Monetary Fund and the Organization for Economic Cooperation and Development have downgraded their outlook for the global economy, citing among other things the costs and uncertainty arising from the standoff between the US and China.

Notably, Woody Island in the Paracels hosts China's largest island facility in the South China Sea, which has more than 1,000 permanently stationed military personnel and an airstrip capable of accommodating fighters.

The two countries are also at odds over regional security, including Washington's overtures to the self-ruled island of Taiwan, which Beijing claims as its own.

Should China reform its regulation policies to allow more US access to its markets, USA negotiators want guarantees that they won't erase newfound openness by using government authority to block American companies.

China's claims to the area overlap with those of Brunei, Malaysia, Indonesia, the Philippines, Taiwan and Vietnam and include the entirety of the Spratly Islands-where the us has accused China of installing military infrastructure-and the Scarborough Shoal.

China and the United States have in the past repeatedly traded barbs over what Washington says is Beijing's militarization of the South China Sea by building military installations on artificial islands and reefs.

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